For most people, buying a car is a big deal. It takes time to save enough money for such a large expense. But car loans make it possible to purchase a vehicle without having to scrape together the entire amount. How does car financing work, what effect can it have on your credit score, and …

Buying a car from a dealership can be a royal pain if you don’t know what you’re doing. Don’t get us wrong, many dealers nationwide are now doing their best to make sure that the sales process is much smoother, safer, and overall pain-free nowadays, but truthfully, a car deal always comes down the numbers. …

Every year, Toyota runs this campaign. The company gives consumers a certain amount of time to buy or lease a Toyota car, truck, or SUV with added deals and incentives. If you are hoping to get behind the wheel of a Toyota Avalon, 2021 Toyota Corolla, Toyota Tacoma, Toyota RAV4, Toyota Sienna, or one of …

Do you have a poor credit rating and history, but are in dire need of a car? Don’t worry, there are a lot of Americans currently in the same boat, however, all is not lost. If you happen to have a poor credit rating and aren’t able to get a traditional loan from a bank, …

Cars as we know them have always come equipped with a set of pre-determined features. Depending on the trim level, you get exactly what you pay for upfront. However, automakers are now planning to implement car subscription plans, charging a monthly or yearly fee to activate some of your car’s best features. Like a music …

Buying a car responsibly usually required a lot of budgeting and a lot of research. Even the most thorough driver can forget that the car payment each month is far from the only cost your car can, or might, have. In fact, there are some costs that add up pretty quick and some that are …

When it comes to buying a new car, there is always going to be a toss-up as to whether or not you should lease or finance. No matter how you look at them, cars are depreciating assets, and leasing a car means that you’ll be spending less during the time that you have it whereas …

While you may have heard the term “cash is king” when it comes to buying cars, that’s not quite the case during the time of the pandemic. Considering the new car market is sparse as far as inventory and the used car market is being flooded, we don’t truly know what’s in store for the …

With the pandemic affecting people’s lives in many ways, many people’s summer vacations have looked different this year. There has been an increased interest in RVs, with higher sales and rentals of RVs this summer. According to the RV Industry Association, RV shipments were up 53.5 percent for this July over July 2019. That’s the …

If you’re ready to invest in a boat but aren’t sure where to begin, you may want to consider purchasing a used boat. This is often a much better financial decision than buying new, as boats depreciate up to 10 percent in their first year, LendingTree reports. By going with a used boat, you can …

Cars will depreciate in value no matter what. If you drive a new car off the lot, it can lose up to 20 percent of its value within the first year of ownership and a lot more over time. If a car ends up being worth less than what you owe on it, then that …

There’s an old joke that says, “Why do banks have drive-thru windows? So that cars can visit their real owners!” That’s right when you take out an auto loan for that fancy new car – or fancy old one – the lender that you get the loan from holds the title until the loan is …

Car loans come in many forms and when you’re looking for a new vehicle to finance, there are a lot of factors to consider. Interest rates, fees, and term lengths help determine not only how much you’ll pay for your new car, but also how long you’ll be on the hook for it. So, when …

When it comes to buying a new car, many people assume that if they have a lower credit score that their interest rates will be through the roof. Having a good or excellent credit score can provide a lot of opportunities for better loans and interest rates, but building or repairing credit takes time. Financing …

When we think about refinancing, we consider personal loans, credit cards, and even mortgages, but we forget that you aren’t stuck in your auto loan either. Refinancing your auto loan can seem intimidating, and it’s not an option many people consider — but there can be a lot of benefits to refinancing your car loan. Right …

Whether you’re into cars or not, chances are that you’ve dreamt of one day owning an exotic car. After all, that yellow Ferrari that you have been staring at on your computer desktop would sure look better in your garage, but it’s too bad you can’t afford it. But what if you could? What if …

Prices of new vehicles have been going up. At the same time, financing terms have been getting longer. So, it is not a surprise that people have been hanging on to their vehicles even longer. According to IHS Market, their research shows that the average age of light vehicles in operation is at 11.9 years in the …

It is no secret that the global economy took a pretty significant hit during the worldwide pandemic lockdown due to COVID-19. It is well documented that the automotive industry was hurt as well. Automotive sales and production were off dramatically due to dealership and plant closures. Now that the manufacturers are slowly starting their factories …

Santander is a bank that has options for people with credit challenges in the way of getting their new or used vehicle. When other banks have shied away from subprime loans, Santander has been there to help many people move forward with one financial product or another. It seems, however, that Santander has placed itself in trouble by …

Anyone looking to buy a car during the pandemic could actually land themselves a really good deal. Many manufacturer’s financial institutions are currently offering deferred payments and 0% financing in order to provide some relief to prospective car buyers. However, we recommend always reading the fine print when it comes to any special offer. Deferred …